News
Skoda Auto says it is not directly impacted by VW overhaul plans
9+ hour, 36+ min ago (176+ words) PRAGUE, July 10 (Reuters) " Skoda Auto, the Czech unit of Volkswagen, does not expect any direct "impact from the parent "company's overhaul plan to cut capacity and model lines, the company said on Friday. " Volkswagen said on Thursday that it "planned…...
German automakers hit by sharp China sales drop in second quarter | 1330 & 101. 5 WHBL
11+ hour, 13+ min ago (374+ words) BERLIN, July 10 (Reuters) " German carmakers" sales collapsed further in China during the second quarter, as a protracted slowdown in the world"s biggest auto market cranked up the pressure on "legacy brands in a bruising battle with local competitors. Volkswagen,…...
Volkswagen reports 8. 6% drop in Q2 deliveries amid China weakness
9+ hour, 36+ min ago (187+ words) July 10 (Reuters) " Volkswagen reported a 8. 6% decline in global deliveries in the second quarter on Friday, "as a sharp drop in "China outweighed gains in North America and Western Europe. Deliveries in China, the automaker's largest market, fell 36. 6% during the quarter,…...
BMW deliveries slide in Q2, as sales in China drop nearly a third | 1330 & 101. 5 WHBL
9+ hour, 37+ min ago (121+ words) July 10 (Reuters) " BMW reported a 4. 9% decline in global vehicle "deliveries in the "second quarter on Friday, hit by a sharp drop in sales in "China. " "The group "sold 590, 962 vehicles "in the quarter " In China, deliveries plunged 30. 2% year-on-year in the "second…...
Senate committee to vote on bill to tighten US ban on Chinese vehicles
2+ day, 35+ min ago (359+ words) WASHINGTON, July 8 (Reuters) " The U. S. Senate Commerce Committee will vote on July 15 on bipartisan legislation to toughen a U. S. government ban on Chinese automakers entering the American "market. Republican Senator Bernie Moreno of Ohio and Democratic Senator Elissa "Slotkin of Michigan proposed…...
Hungary to launch new pollution watchdog for EV battery makers
1+ week, 20+ hour ago (439+ words) BUDAPEST, July 3 (Reuters) " Hungary will create a new top authority to monitor and sanction polluting industries, ruling Tisza party lawmaker Zsolt Tarkanyi said, as part of a drive to tighten regulation of the EV battery "sector that mushroomed under former…...
Tesla's China-made EV sales rise 24. 4% year on year in June
1+ week, 1+ day ago (273+ words) BEIJING, July 2 (Reuters) " Tesla's China-made electric vehicle sales rose for an eighth month in June, supported by an extended recovery in the "U. S. automaker's European sales. Deliveries of Model 3 "and Model Y vehicles made in its Shanghai plant, which is also…...
Volkswagen cuts are "wake-up call" for European industry, BYD advisor says
1+ week, 2+ day ago (254+ words) By Christoph Steitz and Rachel More FRANKFURT, July 1 (Reuters) " Volkswagen's plans to drastically ramp up cost cuts are a "wake-up call" for the "European automotive industry as Chinese carmakers "target a higher market share, BYD's special advisor for the region…...
Volkswagen tells workers current job cuts are not enough, works council says
1+ week, 4+ day ago (131+ words) whbl. com Volkswagen tells workers current job cuts are not enough, works council says BERLIN, June 29 (Reuters) " Volkswagen management has told the car "group's employee side that currently agreed job cuts are insufficient, according to a note "from "the works…...
Portugal to offer fast-track areas for wind, solar projects
3+ week, 2+ day ago (233+ words) LISBON, June 17 (Reuters) " Portugal's government on Wednesday launched a process to assign over 1, 000 areas for wind and solar "projects around existing grid connections, which can "be fast-tracked thanks to their low potential for environmental conflicts. By doing so, the government…...